Why Jp Morgan invested in Bitcoin

[Przemax]

Why Jp Morgan invest in Bitcoin?

It is childlishly easy to answer. If you invest in the fud, shorts, and dumps, you want to get something out of your investition. It is all about the money. That what banks care about - money. Nothing else. And everything banks do or say it's all about investing time and effort.

[luxcoin]

Why Jp Morgan invest in Bitcoin?

It is childlishly easy to answer. If you invest in the fud, shorts, and dumps, you want to get something out of your investition. It is all about the money. That what banks care about - money. Nothing else. And everything banks do or say it's all about investing time and effort.

Definatly - it's the only thing they care about : MAKING MONEY gambling on whatever they can speculate. And if someone lost his home, his saving or even his entire life- not their fault of course ! They just was their hands as always they did.

Some banks wants you to sign up to their investment before giving you any credits

This is not just a new currency - it's a way of thinking.

Let's give to the stronger Power a punch !

[Smarty14392]

Did you know it ?
Yep you read correctly.

One of the biggest bank who caused the 2008 financial crisis, has decided to invest in BTC : can you imagine ?
And yet they still try to persuade folks not to buy and trade in Bitcoin ( even if they're doin' it !! ) . As James Dimon, JP Morgan's CEO said: " if I were a thief in Ecuador, I'd choose Bitcoin for sure, only in that case: Anyway, Bitcoin is a fraud that will blow up".

How can you trust someone who was involved in one of the biggest fraud ever seen such as 2008's and not found guilty ?

We don't know how many BTC they bought, but this time they cannot control the system. Like no-one does.

Start thinking on your own.
In blockchain we trust






 

I think as all the people of the world that this man was involved in a big scam in 2008 and he has corrupted a very huge amount in US dollars, that’s why I feel he invested in bitcoin, because he declare bitcoin a fraud.

The fraud would be done by Jamie Dimon in his thoughts therefore he alerts the people in advance that bitcoin is a fraud and all their money will be stolen or hacked.

[Kprawn]

I heard that Jamie Dimon stole 25 billion USD from the TARP funds in 2008. Is that true? He was never investigated, because Barack Obama came to power in that year, and Dimon is a hardcore Democrat party supporter.

What would he do with 25 billion USD .....buy a small third world country? This guy is earning $10 000 000 bonuses for

nearly fcking up the global economy and receiving bailouts from the US government to save their corrupt enterprise. They

reward him for his failures. We live in a very bad world and the wolf is wearing sheep's clothing. 

[techindo]

for a businessman must be profitable at every opportunity , but it is unfortunate that he takes advantage of the position and fame he has for personal gain and international scale fraud , but luckily I don't believe in such a person, he is nothing more than a coward.

[pitiflin]

Jamie Dimon is a smart person ,he laid a perfect trap for bitcoiners and I have to agree he made a fool proof plan and no one realized it until it was too late, he bought when bitcoin crashed and now its one of the way for them to earn profits. What all people do for getting profits,first use the people for their own good and blame bitcoin at the same time. Now he is facing some legal case because of lying. What a lying sack of shit people turn out to be IRL.

[cybersofts]

Yeah, I think JP Morgan had invested in bitcoin of one reason which is profit just like every body else.
JP Morgan are running out capital and they also see bitcoin has better future compared to their traditional banking system.
I think they were looking for the ways to maximize their profits and there is non but bitcoin that is why they have invested into it.

[the rise]

Yeah, I think JP Morgan had invested in bitcoin of one reason which is profit just like every body else.
JP Morgan are running out capital and they also see bitcoin has better future compared to their traditional banking system.
I think they were looking for the ways to maximize their profits and there is non but bitcoin that is why they have invested into it.

I believe that yesterday jamie dimons only issued a bad statement against bitcoin urgently, the effect is good name jp morgan became bad and could make bitcoin price down.

They obviously invest in crypto business because reputable bankers or financial companies are always involved in any business that has the greatest potential and risk they sometimes encounter in various ways to get maximum results.

[aardvark15]

Did you know it ?
Yep you read correctly.

One of the biggest bank who caused the 2008 financial crisis, has decided to invest in BTC : can you imagine ?
And yet they still try to persuade folks not to buy and trade in Bitcoin ( even if they're doin' it !! ) . As James Dimon, JP Morgan's CEO said: " if I were a thief in Ecuador, I'd choose Bitcoin for sure, only in that case: Anyway, Bitcoin is a fraud that will blow up".

How can you trust someone who was involved in one of the biggest fraud ever seen such as 2008's and not found guilty ?

We don't know how many BTC they bought, but this time they cannot control the system. Like no-one does.

Start thinking on your own.
In blockchain we trust

It's hard to know what someone's motive is for doing something especially a banker that has a shady background and is tied to the government and politics. He could be saying negative things to drive the price down so he can buy Bitcoins at a cheaper price. It's possible that they think Bitcoin will fail but want to hedge their bets in case it takes off. It's also very likely that they are trying to control Bitcoin for their own purposes by buying as much as they can. Or they could be just trading it even though they think it won't last long term.

[luxcoin]

Speculation is the evil of corrupted world.
With CC we can change the world in a better way just holding.
I don't care about what other are saying - and as we are seeing the price has pumped up again - like nothing happened.

I think many people involved in trading altcoins belong to the old world, where a bad statement can drop the price and fires a panic selling.

DON'T FORGET ABOUT 2008's - they are the same people.

We, like community,  have the duty of changing the world in a better one ( and if we even earn also coins does not matter )

[jtipt]

Speculation is the evil of corrupted world.
With CC we can change the world in a better way just holding.
I don't care about what other are saying - and as we are seeing the price has pumped up again - like nothing happened.

That's what happens, everytime BTC takes a dip everyone stars panicking and announcing Bitcoin's funeral but as we have seen now and in past too, BTC will just keep rising after the setback like nothing has happened.

[MiF]

They are afraid their banking system will fail someday that is why they are investing into bitcoin as an insurance.

"If you cant beat them join them", JP Morgan thinks that bitcoin is his big business banking rival so instead to fight bitcoin thru fair and square manner he spent a lot to criticize bitcoin but failed, as a result he cost him more money to lost. Now he is joining bitcoins secretly to cover the lost, if he keep on silent until the end of the year then that's it he already learned his lesson.

[Marileno]

I heard that Jamie Dimon stole 25 billion USD from the TARP funds in 2008. Is that true? He was never investigated, because Barack Obama came to power in that year, and Dimon is a hardcore Democrat party supporter.

You heard? Where? From who? He personally stole the money?

I assume you have evidence to back up your claims?

Some very serious allegations here that also imply that President Obama was in on some conspiracy in some shape or form.

[Kingofbitcoin12345]

I have thought about it that it would happened,, they're planned works on the last statement he just make that's why bitcoin down up to 2800$.. I can always say that man is hypocrite but can only admired for his marketing strategy.. Hope this be learning a experienced to those who panicked and sold they're bitcoin at that time,, that when a bankers tell a lie they plan something to benefit them..

[Marileno]

OP - do you have any links to confirm that JP Morgan is invested in Bitcoin?

I seem to recall that this month, that the CEO of JP Morgan - Jamie Dimon, said that he would fire any of his traders if he found out they were trading Bitcoin.

There seems to be contradicting information here.

[endlasuresh]

He is not dumb to hold US dollars in this current situation and the supply of BTC is limited, he has to scare others of it while he accumulates

Very well said, this happens everywhere in world as the political leaders can do everything, but if something goes wrong with people they arrest.
What I think the news we get is fake since they hide everything to avoid taxes. No one is going to see who invested in Bitcoin and how much until someone raid Bitcoin Wallets.

JP Morgan or anyone who invest in Bitcoin wants to make money for a happy life. It's very easy to make profits by buying BTC's.

[jekjekman]

Did you know it ?
Yep you read correctly.

One of the biggest bank who caused the 2008 financial crisis, has decided to invest in BTC : can you imagine ?
And yet they still try to persuade folks not to buy and trade in Bitcoin ( even if they're doin' it !! ) . As James Dimon, JP Morgan's CEO said: " if I were a thief in Ecuador, I'd choose Bitcoin for sure, only in that case: Anyway, Bitcoin is a fraud that will blow up".

How can you trust someone who was involved in one of the biggest fraud ever seen such as 2008's and not found guilty ?

We don't know how many BTC they bought, but this time they cannot control the system. Like no-one does.

Start thinking on your own.
In blockchain we trust

No doubt about it as this Jamie Dimon guy is a true 'Demon in disguise'.

Bankers are the modern form of thieves, if you invest money on any banks this days after for how many years you just earn a very small profit that the inflation eats your money whole and it seems that you much better to gamble it to casino than to store it to banks because of their hidden fees and very low profit. And when you borrow a money from them they will give you a never ending interest that will make you pay it for your lifetime.

I truly believe that bankers really hate Bitcoin and Block-chain because they will be a dead industry because of this modern digital currency. It is just a matter of time that the banks will become obsolete just like Kodak.

[jorneyflair]

OP, well said.

Plus there is news saying that JPMorgan is still handling bitcoin orders from their customers even though the CEO seems so anti-bitcoin. It really wouldn't be surprising if Dimon actually is buying bitcoin or holds a short position for bitcoin so that he can use his media outreach to crash bitcoin to make a profit on his short position or to start accumulate bitcoin.

Either way, don't listen to him. He is obviously biased as he is a central bank supporter.

[dothebeats]

He is not dumb to hold US dollars in this current situation and the supply of BTC is limited, he has to scare others of it while he accumulates

Even I would be afraid to hold a large portion of my assets in USD considering the state of things as they are today. Jamie Dimon is a large prick, we can all agree to that (2008 is waving his hands), but he's not dumb to stay loyal to USD even though multiple signs point that it's crumbling to the core. A nice move yet very common for a big name like his: scare everyone off and pick up their 'trash' to get loads of profit later.

[luxcoin]

Just watched " Deep web" documentary another time http://www.imdb.com/title/tt3312868/ and I cannot mention its last sentence:

Once you've seen what's possible, how can you do otherwise?

We can beat the bank corrupted system if we've seen where the road goes after the tunnel - NEVER STOP ASKING YOURSELF THE RIGHT QUESTIONS

Be prepare. We can do it. Soon.